Global integration builds

Not even a com­bi­na­tion of dis­as­ters have stopped the trend to glob­al inte­gra­tion. Fas­ci­nat­ing data just released from the A T Kearny sur­vey of glob­al inte­gra­tion in 2002 shows that the world net­works of com­mu­ni­ca­tion, per­son­al con­tact and polit­i­cal engage­ment grew stronger despite a con­tin­ued fall in for­eign invest­ment and for­eign trav­el in that year. The annu­al A T Kear­ney sur­vey of 62 coun­tries looks at 17 index­es of glob­al finan­cial, trade, com­mu­ni­ca­tion and polit­i­cal inte­gra­tion. The main find­ings in this year’s report: Glob­al­iza­tion sur­vived a peri­od of con­sid­er­able chal­lenges in 2002: height­ened trav­el alerts, strin­gent new secu­ri­ty mea­sures at air­ports, a major strike by dock work­ers at the busiest port in the Unit­ed States, a string of high-pro­file cor­po­rate scan­dals in devel­oped coun­tries, finan­cial mar­ket fall­out from Argenti­na’s eco­nom­ic unrav­el­ing, and jar­ring ter­ror­ist attacks in coun­tries such as Indone­sia and Kenya. Despite all its tra­vails, the world was more—not less—integrated at the end of 2002 than it had ever been before (A T Kear­ney, via “For­eign Policy”: The annu­al survey—which is released with the data by For­eign Pol­i­cy magazine—shows Aus­tralia rock­et­ing up the charts of glob­al­iza­tion from 21st place to 13th between 2001 and 2002.

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